Does KHC limit the amount of assets a borrower may have?

KHC does not have an overlay for maximum amount of assets a borrower may have. Follow agency guidelines per the loan type.

When using MRB or MCC funds, imputed income from liquid asset reserves must be included in the KHC Income Calculator in PowerLender.

Liquid assets include, but are not limited to, checking and savings accounts. Non-liquid account types, such as a retirement income account, are not required to be included in the calculation. The liquid asset reserve amount is entered into the calculator and 1% of the reserve amount is included in compliance income.